AMSTERDAM: Royal Dutch Shell commenced up to $1.5 billion of share buybacks, being the first tranche of the $7 billion shareholder distributions from the sale of the company’s Permian business in the United States. The form and timing for distributing…
OSLO, NORWAY: With a strong demand for high-quality recycled plastic material, Quantafuel completed the new sorting line and are on track with the expansion of recycling plant in Kristiansund. “We have successfully been feeding plastic in the new sorting line…
OSLO, NORWAY: Otovo, Europe’s leading marketplace for residential solar, has launched in Germany. In the span of 12 months Otovo has successfully launched in three new European markets: Poland (Dec 2020), Italy (Apr 2021), and now Germany (Dec 2021). With…
LONDON, UK: Akropolis Group has completed the acquisition of a major shopping centre Alfa in Riga, Latvia. The transaction was closed on 30 November by acquiring 100% shares in SIA Delta Property, the holder of Alfa shopping centre. “The expansion…
OSLO, NORWAY: Adevinta ASA has completed the sale of Gumtree UK and Motors.co.uk to a consortium consisting of O3 Industries, a New York-based family investment fund, and Novum Capital, a private equity firm based out of Frankfurt. The sale is…
OSLO, NORWAY: BW Ideol has signed an agreement to acquire a 5% ownership in the 30MW EOLMED floating wind pilot project in the French Mediterranean. This investment confirms the company’s dual-track growth strategy as co-developer of floating wind projects and…
VIENNA, AUSTRIA: Sanofi has entered into an agreement to acquire Origimm Biotechnology GmbH, a news release said. Origimm Biotechnology is an Austrian privately owned biotechnology company specializing in the discovery of virulent skin microbiome components and antigens from bacteria causing…
OSLO, NORWAY: Skitude Holding AS announced the proposal to change name to Canopy Holdings AS to reflect the company’s multi-brand strategy across destinations, attractions and seasons. Reference is made to the 30 November 2021 summon to an Extraordinary General Meeting…
ATHENS, GREECE: Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned subsidiary, OceanPal Inc., effective November 29, 2021. The Company’s shareholders received…
PARIS, FRANCE: TotalEnergies announced the start of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May 2021 alongside EGCO Group and a…
PARIS, FRANCE: Through their joint venture, TotalEnergies and its U.S. partner Clean Energy are launching the construction of their first biomethane production unit, in Friona, Texas. The biomethane will be used as an alternative fuel for mobility, thus contributing to…
BRUSSELS, BELGIUM: Azelis Group (BSE:AZE), a leading innovative service provider in the specialty chemicals and food ingredients industry, has acquired 100% of the shares of Neupert Specialities GmbH in Austria. Neupert Specialities is an established distributor specializing in food and…